Everstake partners with Cometh to simplify the process of institutional fiat exchanges and staking

According to Finbold, Everstake has partnered with Cometh to integrate Everstake's institutional-grade staking infrastructure into Cometh's custodial ecosystem. This will allow customers to deposit fiat directly from their bank accounts and convert it into eligible crypto assets for staking, subsequently earning rewards that can be settled back to fiat.

The report states that this collaboration comes at a time when institutional interest in staking has reached an all-time high. Data shows that the proportion of institutions participating in staking has surged from 31% in 2024 to 44% in 2025, with the total locked value on EU cryptocurrency platforms growing by 28% in just the first quarter. Currently, over 150 cryptocurrency companies hold MiCA licenses.